FINANCIAL_SERVICESPENDING

GPCOG to Administer United 4 Childcare Bridge Loan

The Town Council will consider authorizing the Town Manager to engage the Greater Portland Council of Governments to underwrite and administer the Town’s $120,000 bridge loan to United 4 Childcare. GPCOG will handle documentation, servicing, and compliance oversight on the Town’s behalf.

Status
PENDING
Document date
June 16, 2026
Contract type
FINANCIAL_SERVICES
Vendor
Greater Portland Council of Governments
Agency
Town of Freeport · ME

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Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Scope & details

The full contract record, as filed.

Contract type
FINANCIAL_SERVICES
Contract term
24-month loan administration period (aligned with United 4 Childcare loan term)
Renewal date
2028-06-16
Renewal
Engagement tied to the 24‑month bridge loan term; any ongoing or subsequent services would require new authorization.
Document type
Agenda
Source document
Town of Freeport Town Council Meeting Agenda 2026-06-16

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Town of Freeport?

Greater Portland Council of Governments was awarded this financial services contract by Town of Freeport, as recorded on June 16, 2026.

What type of contract is this?

This is a Financial Services contract, documented as a agenda record.

Where was this contract approved?

This contract appears in Town of Freeport Town Council Meeting Agenda 2026-06-16 (Agenda), dated June 16, 2026 from Town of Freeport. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Greater Portland Council of Governments hold?

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